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Building Details:
• Year Built: 1872
407 Lakeside Ave is located in Orange, NJ.
Fully-occupied mixed-use investment property offering 2-Bed, studio, & commercial retail unit mix. Apartment tenants responsible for utilities; electric & cooking gas while Owner supplies heat/hw. Commercial retail tenant pays own utilities. Operating expense assumptions factored into NOI; property management, repair & maintenance, reserves & vacancy rate. Transaction type is short sale subject to lender approval. Property sold in As-Is/Where-Is condition. Purchaser responsible for for municipal permits/certs required for closing.
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